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$261,010

NAL Estimated Property Value

641 Edgewood Dr, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,403 Sq Ft
price_per_sqft$178.19 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringLaminate, Tile

Exterior

Lot Size7,590 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36068000090730000
Lot Number73
SubdivisionMillbrook
Land UseResidential
Legal DescriptionMILLBROOK PH 2 BLK 9 LOT 73 INT202300102113 DD05232023 CO-DC 0680000907300 4CN06800009
Census Tract016806
Assessed Land Value$60,000
Assessed Improvement Value$201,010
Assessment Year2025

About this property

..MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE BY 4-20-2023 BY 7 PM !! Perfect home for first time homeowners. 3 bed 2 bath and a 2 car garage in Millbrook Subdivision. Pride of ownersip in the neighborhood shows. Close to elementary school for walking distance. House is an open concept where you have living, dining and kitchen all together. Wood burning fireplace for those those snuggle up nights. Both baths have been updated. New airhandler for the HVAC. Home backs up to wooded area so no neighbors in the back. No carpet all vinyl plank! Don't miss it come see today. *** seller needs a 3 day lease back***

Investor Tools

Property Icon
$261,010
Estimated Property Value
$242,862Estimated Mortgage Balance
$18,148Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,165
$261,010
2025
$60,000
$201,010
$261,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,165
$261,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$257,000
No
First
May 23, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,862
$18,148
6%
93%
$1,541/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,541/mo
+$431/mo
9.1%

City: Lancaster

641 Edgewood Dr | Property Details | No Agent List